Karmactive Staff
Canada Pension Plan (CPP) payments for September 2025 will be deposited on Thursday, September 25, according to the official government schedule. This payment date applies to both CPP and Old Age Security (OAS) benefits, providing critical income for millions of Canadian retirees.
Payment Amounts Explained
The maximum CPP retirement pension for those starting at age 65 is $1,433 per month as of January 2025. However, most Canadians receive less than this amount, with the average new CPP pension at age 65 being approximately $845 per month.
For OAS recipients, the maximum payment for those aged 65-74 is $734.95 per month for July-September 2025, while those 75 and older receive up to $808.45 monthly.
It’s important to understand that these benefits are separate programs. While headlines sometimes mention combined amounts “up to $1,600,” this typically refers to receiving both CPP and OAS together.
Who Qualifies for CPP
To receive CPP retirement benefits, you must:
- Be at least 60 years old (though starting before 65 reduces your payment)
- Have made at least one valid contribution to the CPP during your working years
Your payment amount depends on how much and how long you contributed, plus the age you decide to start collecting benefits.
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Maximizing Your Benefits
The timing of when you start CPP significantly impacts your payment amount. Starting at 60 reduces your monthly payment by 0.6% for each month before age 65 (up to 36% reduction). Conversely, delaying until age 70 increases your payment by 0.7% for each month after 65 (up to 42% more).
For those already receiving CPP who are under 70 and still working, additional contributions can increase future payments through the Post-Retirement Benefit (maximum $49.39 monthly at age 65).
Direct Deposit and Verification
Service Canada strongly recommends setting up direct deposit for faster, more secure payments. Those who haven’t received expected payments should wait 10 business days after the payment date before contacting the Canada Revenue Agency.
To verify your expected payment amount or check your contribution history, sign in to your My Service Canada Account.
Upcoming CPP Payment Dates
Mark your calendar for the remaining 2025 CPP payment dates:
- October 29, 2025 (Wednesday)
- November 26, 2025 (Wednesday)
- December 22, 2025 (Monday)
With the cost of living continuing to rise, these regular deposits remain a crucial financial lifeline for Canadian seniors managing monthly expenses.
